MATIC: Both Scenarios Are Possible

MATIC: Both Scenarios Are Possible

Considering Matic's price position, both scenarios are possible.

If the price will develop below the red zone of 1.0940, there is a higher chance of falling again.

If the price bounces above 1.0940 then it will continue with a bigger bullish move.
So for the bullish move is required confirmation.

In my opinion, it can move down with the sell-off that BTC can create during the bearish correction. The market is not stable yet.

You may watch the video for further details!
Thank you and Good Luck!

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